Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SilverCoin (SVC)
by
silvercoin.io
on 23/01/2017, 18:16:15 UTC

some aspects of your plan look interesting,

but i still don't see how a 10% ICO,
followed by giving away 89% (with 25% of that going to dev fund) will expect to maintain price.

although i expect ICO participants will naturally earn more in regular payouts?

Check out FAQ #5. That may help explain things better.
http://silvercoin.io/faq/

The 25% going to the Dev fund is part of the level II SilverPlan membership structure, but that is completely optional.

100% of the 89m coins will be distributed via the level I affiliate plan. Nothing goes to the Dev fund from this.



when is the project available for ICO launching? I'm waiting for this event. Dev needs to say more about marketing plans to connect with many investors. I like this project and follow your actions .

Damn kiddos. Did u read what he just posted? 25% will flow to his pockets, this is an absurd move. Buy a pile of wooden chips and stick all 20 of them up ur ass, this is most practical way to display ur readiness for getting screwed.

To recap...

89m coins paid out to affiliates and only affiliates.
10m for ICO.
1m for project reserve, Dev’s bonus and bounty program.

Now SilverPLAN level II access (completely optional) does require a small fee (1/10 of the affiliate payout) to join.
And those fees are collected and paid out as follows…

25% to coin holders
25% to affiliates
25% to community contests
25% to project development

Again… level 2 is completely optional and it has nothing to do with initial coin distribution.

Does this explain things better?